BitMine Acquires 234,846 ETH Worth $963M

Ethereum treasury company, BitMine Immersion Technologies, has further solidified its commitment to accumulating the top altcoin, Ethereum (ETH). The firm recently added 234,846 ETH, worth approximately $961.5 million, to its portfolio. In an official press release, the crypto mining company disclosed that its Ethereum holdings have now exceeded 2.65 million ETH, worth over $10.8 billion. The coins were purchased at an average price of $4,141 per ETH.